1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vikki [24]
3 years ago
5

Ryan estimates that he drove approximately 1,300 miles on business trips, but he can only provide written documentation of the b

usiness purpose for trips totaling 820 miles. what business expense amount can ryan deduct (if any) for these trips?
Business
1 answer:
Vanyuwa [196]3 years ago
7 0

Answer: The correct answer is the IRS deductible rate for 820 miles.

Explanation: In order to claim an item as a business expense you need to have documentation for the expense. In the case of mileage, there needs to be documentation for the trip. The amount that Ryan can write off is the IRS deductible amount per mile, which is .58 per mile in 2019 for 820 miles. This amount for 2019 is $475.60.

You might be interested in
How is the American Disability Act important in the health field
Stels [109]
The Americans with Disability Act of 1990 (ADA) is a federal civil rights law that prohibits discrimination against individuals with disability  in every day activities, including medical services. ... These statutes require medical care providers to make their services available in an accessible manner.
4 0
3 years ago
Phân phối của tài chính có đặc điểm *
Sindrei [870]

Answer:

good afternoon friend

have a nice day

5 0
3 years ago
It costs Bonita Industries $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A f
Serga [27]

Answer:

There will be an increase of $6,200 , If the special order is accepted

Explanation:

For computing the net income effect first we have to find out the net income per scale which is a difference between offer purchase price and variable cost per unit

In mathematically,

Net income = Offer purchase price - variable cost per unit

where,

Offer purchase price is $35

And, the variable cost is $12 per unit plus it incur special shipping charges which is also a part of the variable cost.

So, total variable cost = variable cost per unit + Special shipping charges per scale

=  $12 + $1

= $13

So, Net income is

= $15 - $13

= $2 per unit

Now for producing the 3100 scales, the net income should be multiply with the production unit

= Net income × Production unit

= 3,100 × 2

= $6,200

Fixed cost is fixed whether the production level changes or not. Thus, it is not be considered.

Hence, there will be an increase of $6,200 , If the special order is accepted

6 0
3 years ago
The demand for emeralds tends to be very elastic. This is because emeralds are more of a _____________. It also means that a 33%
Natalka [10]

Answer:

C) luxury item, an increase

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

An elastic demand means a small change in price leads to a greater change in quantity demanded.

A luxury good is a good that isn't a necessity. They are usually bought as a status symbol.

Luxury goods usually have elastic demands.

Emeralds are luxury goods and if there's a fall in price of emeralds the quantity demanded of emeralds would rise.

I hope my answer helps you

8 0
3 years ago
Once I click the link to go the quiz I have one hour to complete it before I get kicked out of the page. It is due tonight befor
Ratling [72]
That kinda sucks. how’s it going for you
3 0
3 years ago
Other questions:
  • Which of the following is true about product​ markets?
    12·1 answer
  • When people engage in activities that help others, their brain releases endorphins, the brain’s natural opiates, which induce in
    5·1 answer
  • Which of the following factors played an important role in speeding up globalization
    14·2 answers
  • Carl, the information technology head at Cloud Denim, a clothing company, has to update the enterprise software system used by t
    8·1 answer
  • A competitive advantage A. refers to actions taken by a firm with the sole intent of putting a competitor out of business. B. th
    15·1 answer
  • Hardwig Inc. is considering whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales a
    14·1 answer
  • The degree of financial leverage for ABC Inc. is 2.5, and the degree of financial leverage for XYZ Corporation is 1.5. According
    11·1 answer
  • If steven's account balance is less than -$20.00, but greater than -$21.00 what could stevens account balance be? answer below :
    14·1 answer
  • Which of the following investments choices is least risky?
    8·1 answer
  • Cookies by casey has sales of $487,000 with costs of $263,000. interest expense is $26,000 and depreciation is $42,000. the tax
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!